Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Sherman Fairchild Foundation Inc
 
% BONNIE HIMMELMAN
Number and street (or P.O. box number if mail is not delivered to street address)5454 Wisconsin Avenue Ste 1205
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chevy Chase, MD20815
A Employer identification number

13-1951698
B Telephone number (see instructions)

(301) 913-5990
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,147,790,678J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 122,281 122,281  
4 Dividends and interest from securities... 3,017,530 3,017,530  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 48,849,985
b Gross sales price for all assets on line 6a 68,244,442
7 Capital gain net income (from Part IV, line 2)... 65,763,274
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 18,447,397 -271,444  
12 Total. Add lines 1 through 11........ 70,437,193 68,631,641  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,559,300 639,313   919,987
14 Other employee salaries and wages...... 245,512 100,660   144,852
15 Pension plans, employee benefits....... 378,867 155,335   223,532
16a Legal fees (attach schedule)......... Click to see attachment 6,935 2,843 0 4,092
b Accounting fees (attach schedule)....... Click to see attachment 196,442 78,577 0 117,865
c Other professional fees (attach schedule).... Click to see attachment 2,298,056 2,067,510   230,546
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 74,218 31,599   42,619
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,739 1,943  
20 Occupancy.............. 104,275 42,753   61,522
21 Travel, conferences, and meetings....... 50,575 24,782   25,793
22 Printing and publications.......... 2,914 1,195   1,719
23 Other expenses (attach schedule)....... Click to see attachment 179,357 73,536   105,253
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,101,190 3,220,046 0 1,877,780
25 Contributions, gifts, grants paid....... 35,542,574 35,542,574
26 Total expenses and disbursements. Add lines 24 and 25 40,643,764 3,220,046 0 37,420,354
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 29,793,429
b Net investment income (if negative, enter -0-) 65,411,595
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 19,039,782 51,558,556 51,558,556
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 93,708,862 Click to see attachment84,196,500 112,099,116
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 466,059,075 Click to see attachment473,013,340 984,120,263
14 Land, buildings, and equipment: basis bullet262,846
Less: accumulated depreciation (attach schedule) bullet250,103 14,984 12,743 12,743
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 578,822,703 608,781,139 1,147,790,678
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 578,799,060 608,781,139
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 578,799,060 608,781,139
30 Total liabilities and net assets/fund balances (see instructions). 578,799,060 608,781,139
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
578,799,060
2
Enter amount from Part I, line 27a .....................
2
29,793,429
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
188,650
4
Add lines 1, 2, and 3 ..........................
4
608,781,139
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
608,781,139
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a T ROWE PRICE - ST P    
b SECURITIES, NET HOLDING GAINS P    
c T ROWE PRICE - LT P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,417,245     3,417,245
b 36,550,362   2,481,168 34,069,194
c 11,363,546     11,363,546
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,417,245
b       34,069,194
c       11,363,546
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 65,763,274
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 909,221
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 909,221
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 909,221
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,752,956
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,752,956
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 843,735
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet843,735 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, MD, NY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBONNIE HIMMELMAN Telephone no.bullet (301) 913-5990

    Located atbullet5454 WISCONSIN AVE 1205Chevy ChaseMD ZIP+4bullet20815
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BONNIE HIMMELMAN PRESIDENT/DIRECTOR
    0     		530,400 86,069 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    WALTER F BURKE III Chief Invest. Officer/Chairman
    0     		478,400 79,644 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    BRUCE DRESNER DIRECTOR
    0     		39,000 0 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    WILL MCLEAN DIRECTOR
    0     		42,000 0 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    Carol Folt DIRECTOR
    0     		21,000 0 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    DALE KNOBEL DIRECTOR
    0     		47,000 0 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    JEFF HIMMELMAN Vice President/Director
    0     		142,500 60,052 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    Dorothy Kosinski Director
    0     		30,000 0 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    julie mclean treasurer
    0     		208,000 41,368 0
    5454 Wisconsin Avenue Ste 1205
    SUITE 1205
    Chevy Chase,MD20815
    Russel Granet Director
    0     		21,000 0 0
    5454 Wisconsin Avenue Ste 1205
    Chevy Chase,MD20815
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    HEATHER BARRY STAFF
    40.0     		130,000 32,044  
    5454 WISCONSIN AVENUE
    CHEVY CHASE,MD80215
    PAT WALLIES STAFF
    40.0     		108,211 48,434  
    5454 WISCONSIN AVENUE
    CHEVY CHASE,MD20815
    Total number of other employees paid over $50,000...................bullet 2
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    BDO USALLP audit & tax services 183,027
    8401 Greensboro Drive Suite 800
    MCLEAN,VA22102
    Barbara Beltz Grants Consultant 84,262
    5454 WISCONSIN AVENUE 1205
    CHEVY CHASE,MD20815
    Total number of others receiving over $50,000 for professional services.............bullet2
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    102,791,274
    b
    Average of monthly cash balances.......................
    1b
    35,299,169
    c
    Fair market value of all other assets (see instructions)................
    1c
    984,120,263
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,122,210,706
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,122,210,706
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    16,833,161
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,105,377,545
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    55,268,877
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    55,268,877
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    909,221
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    909,221
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    54,359,656
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    54,359,656
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    54,359,656
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    37,420,354
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    37,420,354
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    37,420,354
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 54,359,656
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 28,278,268
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 37,420,354
    a Applied to 2019, but not more than line 2a 28,278,268
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 9,142,086
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		45,217,570
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Ape Action Africa Inc
    555 Bryant St 862
    Palo Alto,CA94301     		None PC Conservation of Endagured Primates In Cameroon 20,000
    The Apollo Theater Foundation Inc
    253 West 125 St
    New York,NY10027     		None PC General Support 500,000
    Ascend Learning Inc
    205 Rockaway Pkwy 6th Floor
    Brooklyn,NY11212     		None PC Support Impacted By Covid-19 25,000
    Association of Religious Communities Inc (ARC)
    24 Delay Street Suite 4
    Danbury,CT06810     		None PC Community Needs Affected By Covid 75,000
    Bank Street College of Education
    610 W 112th Street
    New York,NY10025     		None PC Steam Curriculum 50,000
    Barnard College
    3009 Broadway
    New York,NY10027     		None PC Pilot Bridge to the Sciences Program 50,000
    Berea College
    CPO 2181
    Berea,KY40404     		None PC Sep Phase Xiv 125,000
    Best Buddies International Inc
    200 N Vineyard Blvd
    Honolulu,HI96817     		None PC Hawaii School Project 10,000
    Building Bridges Across the River THE ARC
    1901 Mississippi Ave SE
    New York,NY21209     		None PC Emergency Support due to Covid 100,000
    Cal Ripkin Sr Foundation
    1427 Clarkview Rd Suite 100
    Baltimore,MD91125     		None PC Badges For Baseball Programming 1,050,000
    California Institute of Technology
    1200 East California Blvd Mail Cod
    Pasadena,CA91125     		None PC Simulation of Extreme Spacetimes (Sxs) 1,100,816
    Carleton College
    One North College Street
    Northfield,IL55057     		None PC Arts & Technology: Phase I 31,806
    Cate School
    1960 Cate Mesa Rd
    Carpenteria,CA93013     		None PC Financial Assistance Program 15,000
    Central Park Conservancy Inc
    14 E 60th Street
    New York,NY10022     		None PC Capital Projects 500,000
    The Chrysler Museum Inc
    1 Memorial Place
    Norfolk,VA23510     		None PC Small Museum Conservation - Phase Iv 100,000
    Clark Atlanta University
    223 James P Brawley Dr SW
    Atlanta,GA30314     		None PC Summer Stipend Program 2017 82,500
    College of Wooster
    Galpin Memorial Bldg 1101 N Beve
    Wooster,OH44691     		None PC Summer Stipend Program 2017 81,540
    Columbia University
    202 Low Library 535 W 116th St M
    New York,NY10027     		None PC Professorship of Art History & Archaeology 5,000,000
    Conspraire
    1812 Contre Creek Dr Suite 110
    Austin,TX78754     		None PC 20-21 Season and Development 25,000
    Cooper Union for the Advancement of Science & Art
    30 Cooper Square 8th Floor
    New York,NY10003     		None PC Arts & Technology-Phase V 140,409
    Corporation of the Fine Arts Museums
    50 Hagiwara Tea Garden Dr
    San Francisco,CA94118     		None PC Famsf Recovery Fund 500,000
    Crane School
    1795 San Leandro Lane
    Santa Barbara,CA93109     		None PC Scholarships to Carpinteria Valley Students 35,000
    The Dallas Institue of Humanities and Culture
    2719 Routh St
    Dallas,TX75201     		None PC General Support 10,000
    Door Lake Conservancy
    PO Box 1139
    St Croix Falls,WI54001     		None PC Watershed 1 Preserve Enhancements 20,000
    Denison University
    100 W College St
    Granville,OH43023     		None PC Strategic Plan Funding 5,000,000
    Des Moines Metro Opera Inc
    106 W Boston Ave
    Indianola,IA50125     		None PC 2020 Virtual Festival 50,000
    Equal Justice Initiative
    122 Commerce St
    Montgomery,AL36104     		None PC General Support 1,000,000
    Family Promise of North Carolina Palm Beach Inc
    2635 Old Okeechobee Rd
    W Pam Beach,FL33409     		None PC Helping Homeless Local Children Regain Self Suffic 25,000
    Family Services Inc
    610 E Diamond Ave Suite 100
    Gaithersburg,MD20877     		None PC On-Track Program For Psychosis Intervention 25,000
    First United Methodist Church
    410 E University Ave
    Georgetown,TX78626     		None PC Covid Technology & Operations Transition 50,000
    Fisk University
    1000 Seventeenth Ave North
    Nashville,TN372083051     		None PC Sep Phase Xv 124,900
    Feee Minds Book Club and Writing Workshop
    816 12th St NW
    Washington,DC20009     		None PC Covid Emergency Relief 40,000
    The Frick Collection
    1 East 70th St
    New York,NY10021     		None PC Center For Art Conservation Campaign 1,382,500
    Furman University
    3300 Poinsett Hwy
    Greenville,SC29613     		None PC Sep Phase Xiv 122,874
    Good Shepherd Rehabilitation Network
    850 S 5th St
    Allentown,PA18103     		None PC The Sustaining Pediatrics Impact Fund 50,000
    Goucher College
    1021 Dulaney Valley Rd
    Baltimore,MD21204     		None PC Arts & Technology Phase Iv 117,292
    Greater Chicago Food Depository
    4100 W Ann Lurie Pl
    Chicago,IL60632     		None PC Covid Emergency Response 100,000
    Gustavus Adophus College
    800 W College Ave
    Saint Peter,MN56082     		None PC Sep Phase Xv 125,000
    Hamilton College
    198 College Hill Rd
    Clinton,NY13323     		None PC Arts & Technology-Pase V 75,141
    Haverford College
    370 Lancaster Ave
    Haverford,PA19041     		None PC Arts & Technology-Pase V 138,001
    Head Injury Rehabilitation & referral Services In
    11 Taft Ct Suite 100
    Rockville,MD20850     		None PC Head Injury Rehab 20,000
    Hispanic Society of America
    613 W 155th Street
    New York,NY10032     		None PC Conservation Lab Creation 1,250,000
    Homeless Children's Playtime Project
    1525 Newton St NW
    Washington,DC20010     		None PC Playtime Emergency Services For Homeless Families 30,000
    Homeward
    9211 Forest Hill Ave Suite 200-B
    Richmond,VA23235     		None PC Self-Resolution Program 40,000
    Isabella Stewart Gardner Museum
    25 Evans Way
    Boston,MA02115     		None PC Small Museum Conservation-Phase Iv 100,000
    Island Safe Harbor Animal Sanctuary Inc
    3620 E State St
    Port Clinton,OH43452     		None PC Homeless Animal Care 25,000
    The Jed Foundation
    6 East 39th St Suite 700
    New York,NY10016     		None PC Teen & Young Adult Mental Health 25,000
    Kalamazoo College
    1200 Academy St
    Kalamazoo,MI49006     		None PC Summer Stipend Program 2017 82,500
    Kenyon College
    Office of the President Ransom Hal
    Gambier,OH43022     		None PC Summer Stipend Program 2017 82,500
    Knox College
    2 East South St
    Galesburg,IL61401     		None PC Sep Phase Xv 125,000
    Lake Forest College
    555 North Sheridan Rd
    Lake Forest,NC60045     		None PC Sep Phase Xiv 124,300
    Lakeside Chautauqua
    236 Walnut Ave
    Lakeside,OH43440     		None PC Programs/Maintenance of Bldgs and Grounds 25,000
    Lawrence University
    711 East Boldt Way SPC 13
    Appleton,WI54912     		None PC Summer Stipend Program 2017 86,635
    Lewis & Clark College
    0615 SW Palatine Hill Rd
    Portland,OR97219     		None PC Pilot Bridge to the Sciences Program 58,267
    Lift Inc
    999 N Capitol St NE Suite 310
    Washington,DC20002     		None PC Breaking the Cycle of Poverty 100,000
    Lincoln Center Education
    70 Lincoln Center Plaza
    New York,NY10023     		None PC General Support 1,000,000
    Linn County Historical Society
    800 2nd Ave SE
    Cedar Rapids,IA52403     		None PC Artifact Preservation 20,000
    Martha's Table
    2375 Elvans Rd SE
    Washington,DC20020     		None PC Covid Response 25,000
    MCPAW
    7315 Muncaster Mill Rd
    Derwood,MD20855     		None PC Animal Care Program 30,000
    The Metropolitan Museum of Art
    1000 Fifth Ave
    New York,NY10028     		None PC Emergency Support 2,000,000
    The Morgan Library and Museum
    225 Madison Ave
    New York,NY10016     		None PC Covid Response 750,000
    Morry's Camp Inc
    1 Gateway Plaza Suite 1D
    Port Chester,NY10573     		None PC Support For At-Risk Youth 25,000
    Mount Holyoke College
    50 College St
    South Hadley,MA01075     		None PC Arts & Technology Phase Iv 86,720
    Museum of Fine Arts Boston
    465 Huntington Ave
    Boston,MA02115     		None PC Two Year Conservation Fellowship 50,000
    National Domestic Workers Alliance Inc
    45 Broadway Suite 320
    New York,NY10006     		None PC Covid Response 30,000
    The New 42nd Street Inc
    229 West 42nd Street
    New York,NY10036     		None PC Covid Relief 850,000
    New Mexico Highlands University Foundation Inc
    905 University Ave
    Las Vegas,NM877014072     		None PC Sep Phas Xv 123,085
    Northwestern Memorial Foundation
    541 N Fairbanks Ct Suite 800
    Chicago,IL60611     		None PC Milk Lab Implementation 50,000
    Northwestern University
    633 Clark
    Evanston,IL60208     		None PC Two Material Science Projects 1,580,463
    NXThvn Inc
    169 Henry St
    New Haven,CT06511     		None PC General Support 400,000
    The Partnership for Inner City Education
    1011 First Ave Suite 1800
    New York,NY10022     		None PC Partnership Schools 775,000
    The Phillips Collection
    1600 21st St NW
    Washington,DC20009     		None PC Covid Relief 1,100,000
    Portland Art Museum
    1219 Park Ave
    Portland,OR97205     		None PC Small Museum Conservation - Phase Iv 100,000
    Post Classic Ensemble Inc
    5104 44th St NW
    Washington,DC20016     		None PC 20-21 Season 25,000
    Ravinia Festival Association
    418 Sheridan Rd
    Highland Park,IL60035     		None PC Virtual Music Education Programs 45,000
    Refugees International
    1800 M St NW Suite 405N
    Washington,DC20036     		None PC Lifesaving Assistance and Protection 15,000
    ROCK Ride On Center for Kids
    2050 Rockride Lane
    Georgetown,TX78626     		None PC General Support 25,000
    The Salvation Army Massachusetts Division
    25 Shawmut Rd
    Canton,MA02021     		None PC Emergency Services 250,000
    The Salvation Army Metropolitan Division
    5040 N Pulaski Rd
    Chicago,IL60630     		None PC Emergency Services 250,000
    The Salvation Army National Capital Area Command
    2626 Pennsylvania Ave NW
    Washington,DC20037     		None PC Emergency Services 250,000
    San Francisco Food Bank
    900 Pennsylvania Ave
    San Francisco,CA94107     		None PC 20-20 Oonccisco 45,000
    Share Our Strength
    1030 15th St NW Suite 1100
    Washington,DC20005     		None PC Virtual Music Education Progshms 50,000
    Siena College
    515 Loudon Rd Siena Hall 2nd Floo
    Loudonville,NY12211     		None PC Sep Phase Xiv 92,685
    Simmons College
    300 The Fenway
    Boston,MA02115     		None PC Summer Stipend Program 2017 57,295
    Skidmore College
    Office of the President 815 N Broa
    Saratoga Springs,NY128661632     		None PC 20-21 General Support 74,940
    Songs By Heart Foundation
    1717 K Street NW Suite 600
    Washington,DC20006     		None PC 20-27 Foy On 25,000
    Southwestern University
    Univ Relations Cullen Bldg 1001
    Georgetown,TX78626     		None PC 20-21 General Support 50,000
    Spence-Chapin Services to Families and Children
    410 E 92nd Stl 3rd Floor
    New York,NY10128     		None PC Lifesaving Assindance and Protection 50,000
    St Ann's Episcopal Church
    PO Box 44 167 Ocean Ave
    Kennebunkport,ME04046     		None PC 20-21 General Support 20,000
    St Mary's College of MD Foundation Inc
    18952 E Fisher Rd
    St Marys City,MD20686     		None PC Sep Phase Xv 120,584
    Stable
    336 Randolph Pl NE
    Washington,DC20002     		None PC More Than Studios 25,000
    Sun24 Inc
    1815 W Jetton Ave
    Tampa,FL33606     		None PC Wood Cookstoves 25,000
    Susquehanna University
    Office of the President 514 Univer
    Selinsgrove,PA17870     		None PC Sep Phase Xiv 99,402
    The Salvation Army Greater New York Division
    120 W 14th St
    New York,NY10011     		None PC General Support 850,000
    The Salvation Army Greater Cleveland Area Services
    2507 East 22nd St
    Cleveland,OH44115     		None PC 20-21 General Support 250,000
    Tougaloo College
    Office of the President 500 W Cou
    Tougaloo,MI39174     		None PC 20-21 General Support 125,000
    The Unit Foundation
    PO Box 1281
    Vass,NC28394     		None PC Virtual Music Education Progthms 10,000
    United Way of Metropolitan Chicago Inc
    333 S Wabash Ave 30th Floor
    Chicago,IL60604     		None PC Lifesaving Assiwabash Aveance and Protection 50,000
    The University of Arizona
    Center for Creative Photo/1111 N C
    Tuscon,AZ85721     		None PC Small Musuem Conservation - Phase Iv 100,000
    The University of Miami
    1320 S Dixie Highway Suite 650
    Coral Gables,FL33146     		None PC Ai Online Learning 100,000
    The University of California at San Francisco
    Office of the President 513 Parnas
    San Francisco,CA94143     		None PC Alzheimer'S & Parkinson'S Support 2,500,000
    The University of Richmond
    410 Westhampton Way
    University of Richmond,VA23173     		None PC 20-21 Ofvety of Richmond 45,000
    The University of Southern California
    USC Dornsife College of Letters Ar
    Los Angeles,CA90089     		None PC 20-21 General Support 450,000
    The Upper Valley Haven Inc
    713 Hartford Ave
    White River Junction,VT05001     		None PC Emergency Services 25,000
    Wesleyan University
    237 High St
    Middletown,CT06459     		None PC Arts & Technology Program - Phase V 106,232
    Whittier College
    13406 EPhiladelphia St
    Whittier,CA90608     		None PC Arts & Technology Program - Phase V 94,187
    Total .................................bullet 3a 35,542,574
    bApproved for future payment
    Blackbaud Test
    12 Test
    Washington,DC20001     		None PC Pilot Bridge Test 4th Report 100,000
    The Boys Club of New York
    287 East 10th Street
    New York,NY10009     		None PC HS & College access programs 1,000,000
    Cal Ripkin Sr Foundation
    1427 Clarkview Rd Suite 100
    Baltimore,MD21209     		None PC Badges for Baseball Programming 1,000,000
    California Institute of Technology
    1200 East California Blvd Mail Cod
    Pasadena,CA91125     		None PC Simulation of Extreme Spacetimes (SXS) 1,130,840
    The Chrysler Museum Inc
    1 Memorial Place
    Norfolk,VA23510     		None PC Small Museum Conservation - Phase IV 100,000
    Cooper Union for the Advancement of Science & Art
    30 Cooper Square 8th Floor
    New York,NY10003     		None PC Arts & Technology-Phase V 280,818
    Denison University
    100 W College St
    Granville,OH43023     		None PC Strategic Plan Funding 5,000,000
    Equal Justice Initiative
    122 Commerce St
    Montgomery,AL36104     		None PC General Support 3,000,000
    Fisk University
    1000 Seventeenth Ave North
    Nashville,TN37208     		None PC SEP Phase XV 84,000
    The Frick Collection
    1 East 70th St
    New York,NY10021     		None PC Center for Art Conservation Campaign 4,147,500
    Gustavus Adophus College
    800 W College Ave
    Saint Peter,MN56082     		None PC SEP Phase XV 375,000
    Hamilton College
    198 College Hill Rd
    Clinton,NY13323     		None PC Arts & Technology-Phase V 122,726
    Haverford College
    370 Lancaster Ave
    Haverford,PA19041     		None PC Arts & Technology-Phase V 254,901
    Hispanic Society of America
    613 W 155th Street
    New York,NY10032     		None PC Conservation Lab creation 1,250,000
    Isabella Stewart Gardner Museum
    25 Evans Way
    Boston,MA02115     		None PC Small Museum Conservation-Phase IV 100,000
    Knox College
    2 East South St
    Galesburg,IL61401     		None PC SEP Phase XV 375,000
    Lewis & Clark College
    0615 SW Palatine Hill Rd
    Portland,OR97219     		None PC Pilot Bridge to the Sciences program 17,306
    New Mexico Highlands University Foundation Inc
    905 University Ave
    Las Vegas,NM87701     		None PC SEP Phase XV 149,860
    Northwestern University
    633 Clark
    Evanston,IL60208     		None PC Two Material Science Projects 1,623,603
    The Partnership for Inner City Education
    1011 First Ave Suite 1800
    New York,NY10022     		None PC Partnership Schools 1,500,000
    The Phillips Collection
    1600 21st St NW
    Washington,DC20009     		None PC Education & Commumity Engagement 125,000
    Portland Art Museum
    1219 Park Ave
    Portland,OR97205     		None PC Small Museum Conservation - Phase IV 100,000
    Skidmore College
    Office of the President 815 N Broa
    Saratoga Springs,NY06132     		None PC 20-21 general support 419,300
    St Mary's College of MD Foundation Inc
    18952 E Fisher Rd
    St Marys City,MD20686     		None PC SEP Phase XV 271,416
    Tougaloo College
    Office of the President 500 W Cou
    Tougaloo,MI39174     		None PC 20-21 general support 374,990
    The University of Arizona
    Center for Creative Photo/1111 N C
    Tuscon,AZ85721     		None PC Small Musuem Conservation - Phase IV 100,000
    The University of California at San Francisco
    Office of the President 513 Parnas
    San Francisco,CA94143     		None PC Alzheimer's & Parkinson's support 2,500,000
    Wesleyan University
    237 High St
    Middletown,CT06459     		None PC Arts & Technology Program - Phase V 330,850
    Whittier College
    13406 EPhiladelphia St
    Whittier,CA90608     		None PC Arts & Technology Program - Phase V 194,155
    Total .................................bullet 3b 26,027,265
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 122,281  
    4 Dividends and interest from securities....     14 3,017,530  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 525990 468,156 14 17,979,241  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		525990 127,795 18 48,722,190  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 595,951 69,841,242  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    70,437,193
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Ape Action Africa Inc555 Bryant St 862
    Palo Alto,CA94301     		None PC Conservation of Endagured Primates In Cameroon 20,000
    The Apollo Theater Foundation Inc253 West 125 St
    New York,NY10027     		None PC General Support 500,000
    Ascend Learning Inc205 Rockaway Pkwy 6th Floor
    Brooklyn,NY11212     		None PC Support Impacted By Covid-19 25,000
    Association of Religious Communities Inc (ARC)24 Delay Street Suite 4
    Danbury,CT06810     		None PC Community Needs Affected By Covid 75,000
    Bank Street College of Education610 W 112th Street
    New York,NY10025     		None PC Steam Curriculum 50,000
    Barnard College3009 Broadway
    New York,NY10027     		None PC Pilot Bridge to the Sciences Program 50,000
    Berea CollegeCPO 2181
    Berea,KY40404     		None PC Sep Phase Xiv 125,000
    Best Buddies International Inc200 N Vineyard Blvd
    Honolulu,HI96817     		None PC Hawaii School Project 10,000
    Building Bridges Across the River THE ARC1901 Mississippi Ave SE
    New York,NY21209     		None PC Emergency Support due to Covid 100,000
    Cal Ripkin Sr Foundation1427 Clarkview Rd Suite 100
    Baltimore,MD91125     		None PC Badges For Baseball Programming 1,050,000
    California Institute of Technology1200 East California Blvd Mail Cod
    Pasadena,CA91125     		None PC Simulation of Extreme Spacetimes (Sxs) 1,100,816
    Carleton CollegeOne North College Street
    Northfield,IL55057     		None PC Arts & Technology: Phase I 31,806
    Cate School1960 Cate Mesa Rd
    Carpenteria,CA93013     		None PC Financial Assistance Program 15,000
    Central Park Conservancy Inc14 E 60th Street
    New York,NY10022     		None PC Capital Projects 500,000
    The Chrysler Museum Inc1 Memorial Place
    Norfolk,VA23510     		None PC Small Museum Conservation - Phase Iv 100,000
    Clark Atlanta University223 James P Brawley Dr SW
    Atlanta,GA30314     		None PC Summer Stipend Program 2017 82,500
    College of WoosterGalpin Memorial Bldg 1101 N Beve
    Wooster,OH44691     		None PC Summer Stipend Program 2017 81,540
    Columbia University202 Low Library 535 W 116th St M
    New York,NY10027     		None PC Professorship of Art History & Archaeology 5,000,000
    Conspraire1812 Contre Creek Dr Suite 110
    Austin,TX78754     		None PC 20-21 Season and Development 25,000
    Cooper Union for the Advancement of Science & Art30 Cooper Square 8th Floor
    New York,NY10003     		None PC Arts & Technology-Phase V 140,409
    Corporation of the Fine Arts Museums50 Hagiwara Tea Garden Dr
    San Francisco,CA94118     		None PC Famsf Recovery Fund 500,000
    Crane School1795 San Leandro Lane
    Santa Barbara,CA93109     		None PC Scholarships to Carpinteria Valley Students 35,000
    The Dallas Institue of Humanities and Culture2719 Routh St
    Dallas,TX75201     		None PC General Support 10,000
    Door Lake ConservancyPO Box 1139
    St Croix Falls,WI54001     		None PC Watershed 1 Preserve Enhancements 20,000
    Denison University100 W College St
    Granville,OH43023     		None PC Strategic Plan Funding 5,000,000
    Des Moines Metro Opera Inc106 W Boston Ave
    Indianola,IA50125     		None PC 2020 Virtual Festival 50,000
    Equal Justice Initiative122 Commerce St
    Montgomery,AL36104     		None PC General Support 1,000,000
    Family Promise of North Carolina Palm Beach Inc2635 Old Okeechobee Rd
    W Pam Beach,FL33409     		None PC Helping Homeless Local Children Regain Self Suffic 25,000
    Family Services Inc610 E Diamond Ave Suite 100
    Gaithersburg,MD20877     		None PC On-Track Program For Psychosis Intervention 25,000
    First United Methodist Church410 E University Ave
    Georgetown,TX78626     		None PC Covid Technology & Operations Transition 50,000
    Fisk University1000 Seventeenth Ave North
    Nashville,TN372083051     		None PC Sep Phase Xv 124,900
    Feee Minds Book Club and Writing Workshop816 12th St NW
    Washington,DC20009     		None PC Covid Emergency Relief 40,000
    The Frick Collection1 East 70th St
    New York,NY10021     		None PC Center For Art Conservation Campaign 1,382,500
    Furman University3300 Poinsett Hwy
    Greenville,SC29613     		None PC Sep Phase Xiv 122,874
    Good Shepherd Rehabilitation Network850 S 5th St
    Allentown,PA18103     		None PC The Sustaining Pediatrics Impact Fund 50,000
    Goucher College1021 Dulaney Valley Rd
    Baltimore,MD21204     		None PC Arts & Technology Phase Iv 117,292
    Greater Chicago Food Depository4100 W Ann Lurie Pl
    Chicago,IL60632     		None PC Covid Emergency Response 100,000
    Gustavus Adophus College800 W College Ave
    Saint Peter,MN56082     		None PC Sep Phase Xv 125,000
    Hamilton College198 College Hill Rd
    Clinton,NY13323     		None PC Arts & Technology-Pase V 75,141
    Haverford College370 Lancaster Ave
    Haverford,PA19041     		None PC Arts & Technology-Pase V 138,001
    Head Injury Rehabilitation & referral Services In11 Taft Ct Suite 100
    Rockville,MD20850     		None PC Head Injury Rehab 20,000
    Hispanic Society of America613 W 155th Street
    New York,NY10032     		None PC Conservation Lab Creation 1,250,000
    Homeless Children's Playtime Project1525 Newton St NW
    Washington,DC20010     		None PC Playtime Emergency Services For Homeless Families 30,000
    Homeward9211 Forest Hill Ave Suite 200-B
    Richmond,VA23235     		None PC Self-Resolution Program 40,000
    Isabella Stewart Gardner Museum25 Evans Way
    Boston,MA02115     		None PC Small Museum Conservation-Phase Iv 100,000
    Island Safe Harbor Animal Sanctuary Inc3620 E State St
    Port Clinton,OH43452     		None PC Homeless Animal Care 25,000
    The Jed Foundation6 East 39th St Suite 700
    New York,NY10016     		None PC Teen & Young Adult Mental Health 25,000
    Kalamazoo College1200 Academy St
    Kalamazoo,MI49006     		None PC Summer Stipend Program 2017 82,500
    Kenyon CollegeOffice of the President Ransom Hal
    Gambier,OH43022     		None PC Summer Stipend Program 2017 82,500
    Knox College2 East South St
    Galesburg,IL61401     		None PC Sep Phase Xv 125,000
    Lake Forest College555 North Sheridan Rd
    Lake Forest,NC60045     		None PC Sep Phase Xiv 124,300
    Lakeside Chautauqua236 Walnut Ave
    Lakeside,OH43440     		None PC Programs/Maintenance of Bldgs and Grounds 25,000
    Lawrence University711 East Boldt Way SPC 13
    Appleton,WI54912     		None PC Summer Stipend Program 2017 86,635
    Lewis & Clark College0615 SW Palatine Hill Rd
    Portland,OR97219     		None PC Pilot Bridge to the Sciences Program 58,267
    Lift Inc999 N Capitol St NE Suite 310
    Washington,DC20002     		None PC Breaking the Cycle of Poverty 100,000
    Lincoln Center Education70 Lincoln Center Plaza
    New York,NY10023     		None PC General Support 1,000,000
    Linn County Historical Society800 2nd Ave SE
    Cedar Rapids,IA52403     		None PC Artifact Preservation 20,000
    Martha's Table2375 Elvans Rd SE
    Washington,DC20020     		None PC Covid Response 25,000
    MCPAW7315 Muncaster Mill Rd
    Derwood,MD20855     		None PC Animal Care Program 30,000
    The Metropolitan Museum of Art1000 Fifth Ave
    New York,NY10028     		None PC Emergency Support 2,000,000
    The Morgan Library and Museum225 Madison Ave
    New York,NY10016     		None PC Covid Response 750,000
    Morry's Camp Inc1 Gateway Plaza Suite 1D
    Port Chester,NY10573     		None PC Support For At-Risk Youth 25,000
    Mount Holyoke College50 College St
    South Hadley,MA01075     		None PC Arts & Technology Phase Iv 86,720
    Museum of Fine Arts Boston465 Huntington Ave
    Boston,MA02115     		None PC Two Year Conservation Fellowship 50,000
    National Domestic Workers Alliance Inc45 Broadway Suite 320
    New York,NY10006     		None PC Covid Response 30,000
    The New 42nd Street Inc229 West 42nd Street
    New York,NY10036     		None PC Covid Relief 850,000
    New Mexico Highlands University Foundation Inc905 University Ave
    Las Vegas,NM877014072     		None PC Sep Phas Xv 123,085
    Northwestern Memorial Foundation541 N Fairbanks Ct Suite 800
    Chicago,IL60611     		None PC Milk Lab Implementation 50,000
    Northwestern University633 Clark
    Evanston,IL60208     		None PC Two Material Science Projects 1,580,463
    NXThvn Inc169 Henry St
    New Haven,CT06511     		None PC General Support 400,000
    The Partnership for Inner City Education1011 First Ave Suite 1800
    New York,NY10022     		None PC Partnership Schools 775,000
    The Phillips Collection1600 21st St NW
    Washington,DC20009     		None PC Covid Relief 1,100,000
    Portland Art Museum1219 Park Ave
    Portland,OR97205     		None PC Small Museum Conservation - Phase Iv 100,000
    Post Classic Ensemble Inc5104 44th St NW
    Washington,DC20016     		None PC 20-21 Season 25,000
    Ravinia Festival Association418 Sheridan Rd
    Highland Park,IL60035     		None PC Virtual Music Education Programs 45,000
    Refugees International1800 M St NW Suite 405N
    Washington,DC20036     		None PC Lifesaving Assistance and Protection 15,000
    ROCK Ride On Center for Kids2050 Rockride Lane
    Georgetown,TX78626     		None PC General Support 25,000
    The Salvation Army Massachusetts Division25 Shawmut Rd
    Canton,MA02021     		None PC Emergency Services 250,000
    The Salvation Army Metropolitan Division5040 N Pulaski Rd
    Chicago,IL60630     		None PC Emergency Services 250,000
    The Salvation Army National Capital Area Command2626 Pennsylvania Ave NW
    Washington,DC20037     		None PC Emergency Services 250,000
    San Francisco Food Bank900 Pennsylvania Ave
    San Francisco,CA94107     		None PC 20-20 Oonccisco 45,000
    Share Our Strength1030 15th St NW Suite 1100
    Washington,DC20005     		None PC Virtual Music Education Progshms 50,000
    Siena College515 Loudon Rd Siena Hall 2nd Floo
    Loudonville,NY12211     		None PC Sep Phase Xiv 92,685
    Simmons College300 The Fenway
    Boston,MA02115     		None PC Summer Stipend Program 2017 57,295
    Skidmore CollegeOffice of the President 815 N Broa
    Saratoga Springs,NY128661632     		None PC 20-21 General Support 74,940
    Songs By Heart Foundation1717 K Street NW Suite 600
    Washington,DC20006     		None PC 20-27 Foy On 25,000
    Southwestern UniversityUniv Relations Cullen Bldg 1001
    Georgetown,TX78626     		None PC 20-21 General Support 50,000
    Spence-Chapin Services to Families and Children410 E 92nd Stl 3rd Floor
    New York,NY10128     		None PC Lifesaving Assindance and Protection 50,000
    St Ann's Episcopal ChurchPO Box 44 167 Ocean Ave
    Kennebunkport,ME04046     		None PC 20-21 General Support 20,000
    St Mary's College of MD Foundation Inc18952 E Fisher Rd
    St Marys City,MD20686     		None PC Sep Phase Xv 120,584
    Stable336 Randolph Pl NE
    Washington,DC20002     		None PC More Than Studios 25,000
    Sun24 Inc1815 W Jetton Ave
    Tampa,FL33606     		None PC Wood Cookstoves 25,000
    Susquehanna UniversityOffice of the President 514 Univer
    Selinsgrove,PA17870     		None PC Sep Phase Xiv 99,402
    The Salvation Army Greater New York Division120 W 14th St
    New York,NY10011     		None PC General Support 850,000
    The Salvation Army Greater Cleveland Area Services2507 East 22nd St
    Cleveland,OH44115     		None PC 20-21 General Support 250,000
    Tougaloo CollegeOffice of the President 500 W Cou
    Tougaloo,MI39174     		None PC 20-21 General Support 125,000
    The Unit FoundationPO Box 1281
    Vass,NC28394     		None PC Virtual Music Education Progthms 10,000
    United Way of Metropolitan Chicago Inc333 S Wabash Ave 30th Floor
    Chicago,IL60604     		None PC Lifesaving Assiwabash Aveance and Protection 50,000
    The University of ArizonaCenter for Creative Photo/1111 N C
    Tuscon,AZ85721     		None PC Small Musuem Conservation - Phase Iv 100,000
    The University of Miami1320 S Dixie Highway Suite 650
    Coral Gables,FL33146     		None PC Ai Online Learning 100,000
    The University of California at San FranciscoOffice of the President 513 Parnas
    San Francisco,CA94143     		None PC Alzheimer'S & Parkinson'S Support 2,500,000
    The University of Richmond410 Westhampton Way
    University of Richmond,VA23173     		None PC 20-21 Ofvety of Richmond 45,000
    The University of Southern CaliforniaUSC Dornsife College of Letters Ar
    Los Angeles,CA90089     		None PC 20-21 General Support 450,000
    The Upper Valley Haven Inc713 Hartford Ave
    White River Junction,VT05001     		None PC Emergency Services 25,000
    Wesleyan University237 High St
    Middletown,CT06459     		None PC Arts & Technology Program - Phase V 106,232
    Whittier College13406 EPhiladelphia St
    Whittier,CA90608     		None PC Arts & Technology Program - Phase V 94,187
    Total ...............................bullet 3a 35,542,574
    bApproved for future payment
    Blackbaud Test12 Test
    Washington,DC20001     		None PC Pilot Bridge Test 4th Report 100,000
    The Boys Club of New York287 East 10th Street
    New York,NY10009     		None PC HS & College access programs 1,000,000
    Cal Ripkin Sr Foundation1427 Clarkview Rd Suite 100
    Baltimore,MD21209     		None PC Badges for Baseball Programming 1,000,000
    California Institute of Technology1200 East California Blvd Mail Cod
    Pasadena,CA91125     		None PC Simulation of Extreme Spacetimes (SXS) 1,130,840
    The Chrysler Museum Inc1 Memorial Place
    Norfolk,VA23510     		None PC Small Museum Conservation - Phase IV 100,000
    Cooper Union for the Advancement of Science & Art30 Cooper Square 8th Floor
    New York,NY10003     		None PC Arts & Technology-Phase V 280,818
    Denison University100 W College St
    Granville,OH43023     		None PC Strategic Plan Funding 5,000,000
    Equal Justice Initiative122 Commerce St
    Montgomery,AL36104     		None PC General Support 3,000,000
    Fisk University1000 Seventeenth Ave North
    Nashville,TN37208     		None PC SEP Phase XV 84,000
    The Frick Collection1 East 70th St
    New York,NY10021     		None PC Center for Art Conservation Campaign 4,147,500
    Gustavus Adophus College800 W College Ave
    Saint Peter,MN56082     		None PC SEP Phase XV 375,000
    Hamilton College198 College Hill Rd
    Clinton,NY13323     		None PC Arts & Technology-Phase V 122,726
    Haverford College370 Lancaster Ave
    Haverford,PA19041     		None PC Arts & Technology-Phase V 254,901
    Hispanic Society of America613 W 155th Street
    New York,NY10032     		None PC Conservation Lab creation 1,250,000
    Isabella Stewart Gardner Museum25 Evans Way
    Boston,MA02115     		None PC Small Museum Conservation-Phase IV 100,000
    Knox College2 East South St
    Galesburg,IL61401     		None PC SEP Phase XV 375,000
    Lewis & Clark College0615 SW Palatine Hill Rd
    Portland,OR97219     		None PC Pilot Bridge to the Sciences program 17,306
    New Mexico Highlands University Foundation Inc905 University Ave
    Las Vegas,NM87701     		None PC SEP Phase XV 149,860
    Northwestern University633 Clark
    Evanston,IL60208     		None PC Two Material Science Projects 1,623,603
    The Partnership for Inner City Education1011 First Ave Suite 1800
    New York,NY10022     		None PC Partnership Schools 1,500,000
    The Phillips Collection1600 21st St NW
    Washington,DC20009     		None PC Education & Commumity Engagement 125,000
    Portland Art Museum1219 Park Ave
    Portland,OR97205     		None PC Small Museum Conservation - Phase IV 100,000
    Skidmore CollegeOffice of the President 815 N Broa
    Saratoga Springs,NY06132     		None PC 20-21 general support 419,300
    St Mary's College of MD Foundation Inc18952 E Fisher Rd
    St Marys City,MD20686     		None PC SEP Phase XV 271,416
    Tougaloo CollegeOffice of the President 500 W Cou
    Tougaloo,MI39174     		None PC 20-21 general support 374,990
    The University of ArizonaCenter for Creative Photo/1111 N C
    Tuscon,AZ85721     		None PC Small Musuem Conservation - Phase IV 100,000
    The University of California at San FranciscoOffice of the President 513 Parnas
    San Francisco,CA94143     		None PC Alzheimer's & Parkinson's support 2,500,000
    Wesleyan University237 High St
    Middletown,CT06459     		None PC Arts & Technology Program - Phase V 330,850
    Whittier College13406 EPhiladelphia St
    Whittier,CA90608     		None PC Arts & Technology Program - Phase V 194,155
    Total ................................bullet 3b 26,027,265

    TY 2020 AccountingFeesSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND TAX PREPARATION 183,027 73,211   109,816
    401K ADMINISTRATION 13,415 5,366   8,049

    TY 2020 ContractorCompensationExpln
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Contractor Explanation
    BDO USA LLP AUDIT AND TAX SERVICES

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Statement:
    A copy of Form 990PF has not been filed with Maryland. Maryland only requires the 990PF be filed when the organization is fundraising in the state.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ATLASSIAN CORP PLC 226,004 1,870,960
    TELADOC HEALTH INC 610,556 584,483
    ADVERUM BIOTECHNOLOGIES INC 41,764 32,314
    BURNING ROCK BIOTECH LTD 73,672 70,755
    DADA NEXUS LTD 493,970 446,395
    DOCUSIGN INC 386,376 420,814
    DOUYU INTERNATIONAL HOLDINGS 192,974 149,775
    DROPBOX INC. 6,109,760 6,324,150
    FACEBOOK INC. 3,261,615 11,677,590
    GUARDANT HEALTH INC. 1,117,775 1,546,560
    INTUIT INC. 239,686 252,600
    PAGERDUTY INC. 254,218 273,677
    PHREESIA INC 55,009 99,947
    SERVICENOW INC. 611,000 7,155,590
    SLACK TECHNOLOGIES 3,395,405 4,241,065
    TWILIO INC 454,525 506,058
    VANGUARD INST INDEX FUND INST 15,834,925 23,774,165
    WORKDAY INC. 870,860 2,396,100
    ZOOM VIDEO COMMUNICATIONS INC. 2,709,809 2,381,142
    PIMCO TOTAL RETURN FUND INST 47,256,596 47,894,976
    ROUNDING 1 0

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SEE ATTACHED AT COST 473,013,340 984,120,263

    TY 2020 LegalFeesSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL-GENERAL 6,935 2,843   4,092


    TY 2020 OtherExpensesSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 5,687 2,332   2,787
    POSTAGE/COPYING 10,154 4,163   5,991
    INSURANCE 46,389 19,019   27,370
    COMPUTER EXPENSE 89,709 36,781   52,928
    OTHER EXPENSE 27,418 11,241   16,177


    TY 2020 OtherIncomeSchedule2
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Partnership income(loss)-attachment 17 18,436,416 16,897,546  
    Less: unrelated business income gain   -266,682  
    Less non-ubit capital gains on line 7   -16,913,289  
    OTHER INVESTMENT INCOME 10,981 10,981  


    TY 2020 OtherIncreasesSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Description Amount
    OTHER 188,650


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 2,067,510 2,067,510    
    GRANTS CONSULTANTS 230,546     230,546


    TY 2020 TaxesSchedule
    Name:
    Sherman Fairchild Foundation Inc
    EIN:
    13-1951698
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 72,236 29,617   42,619
    FILING FEES 1,982 1,982